All Else Equal, an Increase in the Number of Firms

question 199

Multiple Choice

All else equal, an increase in the number of firms producing energy drinks will

• A)shift the supply curve for energy drinks to the right.
• B)shift the supply curve for energy drinks to the left.
• C)shift the demand curve for energy drinks to the right.
• D)shift the demand curve for energy drinks to the left.

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Definitions:

Positive Reinforcement

A technique in behavior modification that involves the addition of a rewarding stimulus following a desirable behavior, aiming to increase the likelihood of the behavior's occurrence.

Punishment

The imposition of a penalty as retribution for an offense, or the action of disciplining someone to correct or deter undesirable behavior.

Temporary Effect

A short-term result or consequence that fades over time without long-lasting implications.

Severe Punishment

A form of harsh discipline intended to correct or deter undesirable behaviors.